Tag: HSBC
HSBC plans to close Asian coal plants to curb emissions—while also...
Bank accused of greenwashing ahead of COP26 for backing scheme while being world’s 13th biggest funder of fossil fuels
HSBC to phase out coal financing after shareholder vote
“We’re delighted that our campaign has resulted in a binding commitment by HSBC to phase out coal, but the devil is in the detail and the next six months are crucial to ensure that this commitment is translated into robust sector policies.”
New HSBC-backed coal plants will contribute to 19,000 deaths annually, new...
Researchers said the total health impacts of the plants could amount to $6.2 billion a year.
HSBC will no longer fund fossil fuel industry
HSBC is among other banks, such as BNP Paribas, to take such critical action against climate change.
HSBC Whistleblower Sentenced to 5 Years in Prison
HSBC whistleblower Hervé Falciani was sentenced to five years in prison for aggravated industrial espionage. Instead of using the data he acquired for financial gain, Falciani ended up assisting multiple governments in exposing wealthy tax dodgers and criminal organizations.
POPULAR
Sierra Club sounds alarm, nominee Lee Zeldin ‘unqualified’ to head EPA
“The best-case scenario is that the EPA will lose four years in the fight for the planet. The worst-case scenario should send a shudder down your spine.”
143 million Americans may be exposed to toxic ‘forever chemicals’ in drinking water
Millions of Americans face exposure to toxic PFAS chemicals in drinking water, with new EPA data revealing the extent of contamination and fears of regulatory rollbacks under a Trump administration.
David Huitema confirmed as ethics Czar amid fears of Trump’s return and conflict of...
As Trump’s second term looms, the Senate confirmed David Huitema to lead the Office of Government Ethics. Advocates praise the move, but critics warn of a tough road ahead for government accountability.
House passes bill granting Treasury power to shut down nonprofits without evidence, sparking free...
Legislation dubbed the “nonprofit killer” faces backlash over potential threats to free speech and civil liberties.
Musk and Ramaswamy’s DOGE: Mass firings, deregulation, and the erosion of federal protections
Critics argue that these plans will erode social safety nets, undermine public services, and disproportionately benefit corporate interests.